Time in Yerevan: 11:07,   26 April 2024

Diamond industry experiencing revival in Armenia

Diamond industry experiencing revival in Armenia

YEREVAN, OCTOBER 28, ARMENPRESS: The Russian Alrosa Company produces a quarter of the world's raw diamonds. It owns 97% of the Russia's diamond industry.  Armenpress presents an interview with the Deputy President of Alrosa Company Andrey Polyakov, who participates in the investment forum “Armenia – Jewelry Regional Center”, taking place in Yerevan.  
- What prospects do you see in the diamond sector of Armenia, which can be implemented in cooperation with the Russian partners?
- The intergovernmental agreement signed between Armenia and Russia provides for the import of uncut diamond to Armenia for the Russia’s domestic market prices. In particular, the export duties are canceled. According to the agreement, first the entire volume of the necessary raw materials will be transferred to Armenia to be processed. There is an agreement with the Armenian side on the exchange of statistical data, which shows the necessary volume of the raw materials, the processing volume and based on that, the number of the raw diamond, exported to Armenia, is being determined. (THE FULL INTERVIEW IS AVAILABLE IN ARMENIAN)








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